Home Insurance - Lloyds TSB launches pick and mix insurance policy - 14/07/2008

 
 
 

A new pick and mix home insurance policy that would enable homeowners take out only the cover that suits their needs has been launched by Lloyds TSB.

The bank launched the policy at the weekend, which was necessitated by the query of an 80-year-old customer who had had bike cover included in her policy even though her biking days were long spent.

Lloyds Personal Home Plan will have as standard essential cover for fire, flood and subsidence. And this will be followed by a combination of 21 pick and mix options.

Under this plan customers will only have to pay for the basic cover and extras they add on, which is much cheaper than the fully comprehensive policy.

To further help consumers save cost by up to 50 per cent, the bank is offering no claims discounts. This is only effective if one has not made any home insurance claim in the last 10 years.

The offer is open to anyone, although it is more targeted at the over-55s.

 
     
 
 
  20/08/2008 - Homeowners told to check insurance as kids prepare to party. . Hundreds of thousands of high school and A level grandaunts in the UK will...
14/08/2008 - How to avoid the big holiday letdown. . Swinton have warned holidaymakers to ensure their home security is in order to avoid...
12/08/2008 - AA urges extension of cover to holiday homes. . Homeowners who own property abroad but hardly visit need to extend their home insurance...
 
  Home Insurance. What is Home Insurance? What is building insurance? What does building insurance cover?...
 
  07/08/2008 - Halifax Home Insurance adds comparison tool. . In order to compete with the hundreds of price comparison sites which are out...
23/06/2008 - Is your home contents insurance sufficient?. . Nobody likes to consider the ramifications of a worst case scenario, least of all...
23/06/2008 - Home insurance will be a struggle for natural disaster victims. . Gerry Tyack is no stranger to a challenge. He served with the Royal Air...
Home Insurance Guides Quick Guides
Home Insurance




Only Insurance Ltd is authorised and regulated by the Financial Services Authority, FSA registration number: 313649. Our registered offices are 1 Kings Avenue, Winchmore Hill, London N21 3NA, company number: 05223009. Telephone 0207 377 1805.